For Sale: Opportunity Zone Investment in Marshall, TX | Bidding Opens: March 4th | Opening Bid Meets Reserve

700 West Houston Street Marshall, TX 75670

700 West Houston Street, Marshall, TX, 75670
700 West Houston Street, Marshall, TX, 75670 700 West Houston Street, Marshall, TX, 75670 700 West Houston Street, Marshall, TX, 75670
FOR SALE Auction Property
Property Type:
Mixed Use
Amount:
$500,000
Last Verified:
Feb 05, 2019

Marshall School


For Sale: Opportunity Zone Investment in Marshall, TX | Bidding Opens: March 4th |
Opening Bid Meets Reserve

Property Type:  Mixed-Use

 

Amount: $500,000

 

Investors have the opportunity to acquire 700 West Houston Street, a 130,000 SF former junior high school located in Marshall, Harrison County, Texas through online CRE auction platform, RealINSIGHT Marketplace.

This former school building features two commercial cafeterias, two auditoriums, two gyms, three parking lots, and three tennis courts on a total of 9.72 acres. The building itself, a singular one, three-story building, totals approximately 130,000 SF.

 

The Property:


                                                                                                                      
- Features multiple points of ingress/egress and is highly visible from West Houston St, South College St and Whetstone St.  Additionally, the Property offers ample accessibility, as it is situated 1.5 miles from US Hwy 59 and 3.5 miles from I-20.
                                                                                                                  
- Sits within an Opportunity Zone, a tract nominated by governors into which investors can now put capital to work by financing new projects in exchange for certain federal capital gains tax advantages
           
- Offers a redevelopment opportunity at below replacement cost

 

To learn more, visit: http://bit.ly/2RYb3gS


Additional URLs

Map of 700 West Houston Street, Marshall, TX, 75670

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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